The Latest Breaking News from Adam Michel

Trump's Policies Raise Taxes and Costs for All Income Groups Except Richest 1%, New Analysis Finds

ITEP projects higher taxes and household costs for most Americans in 2026, while the wealthiest 1% could gain $12,560 as tax savings outweigh added costs.

International Business Times UK · Oct 19

The DSA's Agenda Could Cost More Than $200 Trillion—and You'll Be Picking Up the Tab

The Democratic Socialists of America promise free everything, but its agenda would require confiscation on a scale that would make European welfare states tremble.

Reason · Aug 14

Trump Accounts Social Security check: $1,000 federal contribution coming at your accounts. Check eligibility, start date

Social Security Check: While only U.S. citizens born during Trump's second administration will receive the $1,000 government contribution, Americans can open a Trump Account for their children under age 18 with a valid Social Security number.

The Economic Times · Jul 4

Taxing the Rich Will Have No Meaningful Effect on Our Sky-High National Debt

The U.S. tax system is extremely progressive, even compared to European countries—whose governments rely on taxing the middle class.

Reason · May 25, 2023